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Truist Securities analyst Michael Ciarmoli reiterated a Buy rating on the shares of Northrop Grumman Corp (NYSE:NOC) with a price forecast of $545. The company reported fourth-quarter sales that ...
Northrop noted that it brought in $11.7 billion in new orders during the quarter, significantly outpacing quarterly revenue, and resulting in a book-to-bill ratio of 1.2. This implies that sales ...
Defense contractor Northrop Grumman told its employees that about 1,000 jobs could be cut in Southern California after lost a big satellite contract.
With $48.666 billion in business with the U.S. federal government, Lockheed Martin, based in Bethesda, Maryland, is the largest U.S. federal government contractor. The Top 100 Contractors Report (TCR 100) is a list developed annually by the General Services Administration as part of its tracking of U.S. federal government procurement.
The Air Force subsequently halted funding for the Boeing project, leaving Northrop Grumman as the sole bidder for the contract by October 2019. [19] In December 2019, it was announced that Northrop Grumman won the competition to build the future ICBM. Northrop won by default, as their bid was the only one left to be considered for the GBSD program.
Cygnus NG-18 was the seventh Cygnus mission under the Commercial Resupply Services-2 contract. Northrop Grumman Innovation Systems confirmed on 23 February 2021 that Thales Alenia Space of Turin, Italy, will fabricate two additional Pressurized Cargo Modules (PCMs) for a pair of forthcoming Commercial Resupply Services-2 missions.
Assuming Northrop also got $55 million for its Manta Ray, that would amount to barely 0.1% of the $40 billion in contracts that Northrop rakes in in any given year, according to data from S&P ...
Northrop Grumman Announces New $3 Billion Share Repurchase Authorization FALLS CHURCH, Va., Dec. 11, 2024 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE: NOC) announced today that its board of directors has authorized an additional $3 billion for the repurchase of the company's common stock, increasing the outstanding authorized amount ...